RBNZ takes next step towards replacing settlement systems
Central bank started a settlement systems review one year ago
The Reserve Bank of New Zealand (RBNZ) is looking for potential vendors to replace its payment and settlement systems, as it looks to develop a "roadmap" for the future of the country's market infrastructure.
It published a tender today (December 15) seeking registrations of interest from potential suppliers for a real-time gross settlement system and a security settlement system with a depository.
These would, if procured, replace the RBNZ's existing infrastructure, comprising the NZClear
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